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State the accounting assumption, principle, qualitative characteristic, constraint or violation that is most applicable in the following cases. (examples of the answer: Faithful representation, Completeness, etc). COVID company's management has decided to change the estimated useful life of a machinery but fails to disclose this change in the financial statements. Which characteristic is jeopardized? Answer: State the accounting assumption principle, qualitative characteristic, constraint or violation that is most applicable in the following cases. (examples of the answer: Faithful representation. Completeness, etc). COVID Co. could disseminate its annual financial statements three days earlier ifit shifted substantial human resources from other operations to the annual report project. Management decided the value of the earlier report was not worth the added commitment of resources